MSC has bought BAL Container Line’s two 14,000 teu vessels being built at Jiangnan Shipyard, as the Swiss-Italian mainline operator continues to consolidate its record market leadership (by capacity) position.
Shanghai-based BAL, which operates a South-east Asia-Japan service, ordered the ships when it ventured into long-haul lanes during the pandemic-induced boom in 2022.
However, BAL’s intermediate holding company, LC Logistics, said in a Hong Kong Stock Exchange filing on Wednesday, the group …
The post MSC builds on record market share with two 14,000 teu box ships from BAL appeared first on The Loadstar.
